I took a look at the farms on CubFinance today and noticed that the APR of the BHBD-BUSD farm had dropped by about 10 percentage points. At the same time there were two CUB-BUSD farms available. The upper one of them had an insane APR of 9,882.66%.
That particular CUB-BUSD farm is the one on Pancake Swap version 1. It has only $510 worth of liquidity because most liquidity providers have withdrawn their liquidity from V1. But based on what we're seeing here it seems to be quite a bit of CUB inflation allocated to it: 45 CUB per block. Whoever has the $510 worth of liquidity is making out like a bandit while the other farms and dens have to settle for lower inflation.
I tried to add liquidity to the CUB-BUSD farm on PancakeSwap version 1 but failed because of this:
Is what we're seeing on the farm list a glitch or is someone really making nearly 10,000% because so much of the CUB inflation is allocated to that farm?
Posted Using LeoFinance Beta